Cashflow Diary | Influenced By Robert Kiyosaki Of Rich Dad About Real Estate Investing, Cash Flow And Passive Income.

CFD 107 - Ace Chapman Connects Businesses with Buyers and Tells Us NOT to Go with Our Gut in Our Buying Decisions

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Sinopsis

Not only does Ace Chapman have a really cool name he also does something really cool for people looking for businesses that produce cashflow. He connects them with businesses up for sale that are right for their goals. He talks to us about micro-private equity funds, greed, the criteria involved in buying and selling businesses, and a whole lot more. Ace had an interest in business early on, getting his first taste for it when he sold his Kindergarten pictures at church. From there his passion for business grew. He learned to listen for problems he could solve for sellers (sound familiar?) and how to raise capital to purchase businesses. His first deal came when he was in college and learned what “LBO” meant and why it’s so important. (It’s a Leveraged Buy Out and it is a critical concept when buying businesses.) Ace hit plenty of walls, but he kept going. He knew that if he could buy this first business it would change his life. He was right! It put him on his current path, helping lots and lots of other peo